BUILDING VALUE AT OUR CORE SEC 5 80 SUSTAINABILITY REVIEW PILLAR 1: PROMOTING ECONOMIC GROWTH Anti-Corruption & Anti-Bribery Preventing fraud, corruption, and bribery is essential for maintaining our integrity and reputation. It is crucial for earning the trust of our customers, investors, and partners. We prioritise compliance with regulations to prevent fines, penalties, and legal consequences, thereby protecting our financial stability and reputation. Our commitment to promoting an anti-fraud, bribery and corruption culture is important to strengthen integrity and ethical conduct and build a positive workplace based on trust, integrity, and accountability. • Conducted risk assessments at 34 out of 36 operation sites, covering 94% of our operations. From this assessment, we identified risks related to gratification for receiving low-quality FFB at mills and risk data manipulation. • Conducted 46 awareness training sessions through both physical and virtual platforms to effectively communicate and educate stakeholders on our anti-bribery and corruption policies. These sessions were attended by the Board of Directors, FGV employees, as well as external stakeholders, including business partners, vendors, and suppliers. To further facilitate communication and information sharing across the Group, we initiated email blasts and introduced the Cassia sharing column in FGV’s e-magazine. • Resolved 36 out of 38 corruption-related complaints through our whistleblowing channel, while the other two complaints are still under investigation. • Conducted Anti-bribery Internal Audits at 43 sites across the Group to assess the effectiveness of our Anti-Bribery Management System (ABMS). Additionally, we achieved re-certification of ISO 37001 ABMS with an extended scope. • Implemented all 74 action plans identified under FGV Anti-Corruption Plan 2020-2023. Significant Material Matters Why Is It Important 2023 Progress and Highlights UN SDGs • 36 mills that are yet to be RSPO-certified have undergone and completed all required preparation and are ready to commence the certification process. • Obtained ISCC (Waste & Residue) certification scheme for FGV Refineries Sdn Bhd-Tawau Oil Products and FGV Biotechnologies Sdn Bhd. • Conducted nine series of independent smallholders’ consultation programmes to communicate FGV’s sustainability commitments and gather insights from this stakeholder group. The interactions proved particularly insightful in highlighting the need for technical support, estate management training and financial assistance for certification costs. • All PKS produced are accepted as GGL certified material. Regulatory Compliance & Sustainability Certifications Sustainability certifications such as RSPO, MSPO, ISCC, and GGL are important for demonstrating our adherence to global industry sustainability standards. These certifications build trust and reassure customers and stakeholders about the quality of our products and the responsible practices of our supply chain. These certifications enhance our products’ acceptance, positioning us as a preferred partner in the global market. This helps in growing our market share and customer base, facilitates financing, and strengthens our brand preference among consumers. MSPO 66 ISCC 10 RSPO 30
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